Archiv für den Monat: Februar 2023
DP ITALIA efectua el pago de 2,25 euros por los intereses de su emision IT0005467482
‚Fed is not your friend‘: Wells Fargo delivers warning ahead of key inflation report
Wells Fargo Securities‘ Michael Schumacher believes Fed policy is working against equity investors regardless of this week’s inflation data outcome.
Stocks making the biggest moves after hours: Avis, Palantir, Cadence Design and more
These are the stocks posting the largest moves in post-bell trading.
Stocks making the biggest moves midday: Zillow, Microsoft, Meta, Fidelity National and more
These are the stocks posting the largest moves midday.
Crypto firm Paxos to face SEC charges, ordered to stop minting Binance stablecoin
The potential SEC charges came through what’s known as a Wells notice, which informs firms of the results of an investigation pending charges.
Coca-Cola revenue rises in fourth quarter, fueled by higher prices
Coke said its unit case volume, which strips out the impact of currency and price changes, fell 1% in its fourth quarter.
Burger King owner Restaurant Brands posts strong fourth quarter, names new CEO
The restaurant chain company named Chief Operating Officer Joshua Kobza as its new chief executive, replacing José Cil.
Shares of Palantir pop as it reports first profitable quarter
Palantir’s revenue for the quarter increased 18% year over year, and its U.S. commercial revenue grew 12%.
Cable extends gains on the session
<p style=““ class=“text-align-justify“>There wasn’t an immediate trigger as the bids started coming in as European markets opened but after the mostly solid UK labour market report earlier <a target=“_blank“ href=“https://www.forexlive.com/news/uk-january-payrolls-change-102k-vs-28k-prior-20230214/“ target=“_blank“ rel=“follow“>here</a>. The jobs market remains strong but it was the wages data that is really sparking some debate, coming in hot and that could translate to the BOE wanting or needing to do more in terms of policy tightening.</p><p style=““ class=“text-align-justify“>In my view, that doesn’t change much considering how real earnings are massively depressed as pointed out <a target=“_blank“ href=“https://www.forexlive.com/news/uk-pay-growth-may-have-picked-up-again-but-real-earnings-tell-a-different-story-20230214/“ target=“_blank“ rel=“follow“>here</a>. If anything else, it just suggests a feedback loop that raises the risks of stagflation.</p><p style=““ class=“text-align-justify“>In any case, cable is now trading back up to above 1.2200, up 0.6% on the day, but the danger remains ahead of the US CPI data later in the day.</p>
This article was written by Justin Low at www.forexlive.com.